Technical Analyst Hitendra Vasudeo (stockmechanics.com) has suggested to buy Shipping Corporation of India to be sold on Monday (31 Dec).

The delivery call has been given as the stock has performed well from last few weeks.

Mr. Vasudeo has suggested investors to buy the stock above Rs 282 with a strict stop loss of Rs 244 for achieving a target between Rs 355- 473.

Today the stock has gained above 9.84% at Rs 284 up till now (12:40 pm), and it is expected to touch this level in the said time period. The stock still has good potential.

Stock Market Analyst Hitendra Vasudeo of stockmechanics.com has suggested day traders to buy Sujana Towers stock to achieve a target of Rs 229. The traders should use Rs 197 as stop loss.

Presently (12:15 pm), Sujana Tower stock is trading 1.67% up at Rs 201 on BSE. There are full chances of an upside potential today. The stock has shown a decent rise in previous trading sessions, and a 52-week high of Rs 209.50 on BSE.

The Sujana Group will invest Rs 2.5 billion in a year to capture 10% of the total tower manufacturing market across the country.

Hitendra Vasudeo of stockmechanics.com has suggested investors to buy Tisco above Rs 905 to achieve an intraday target of Rs 918.

Today, Tisco stock opened at Rs. 900, after the previous close of Rs. 892.75 at BSE. Presently (12:02 pm), the stock is trading 0.36% up at Rs. 896 on BSE.

The stock opened at Rs. 906, after the previous close of Rs. 892.80 at NSE. At present, the stock is trading 0.53% up at Rs. 897.55 at NSE.

The investors are suggested not to sell this stock before achieving this target.

Stock analyst Ashwani Gujral is of the view that investors can buy Wire and Wireless (India) for achieving a short term target of Rs 130.

Today (Dec 20), the stock opened at Rs 96.40 after making its closure at Rs 94.25 (on Dec 19). Presently (10:58 am), the stock is hovering around Rs 91.90, down 2.5%, and this is the best time to buy the stock.

The stock will surely achieve the said target within a period of 3-4 weeks. So the investors are suggested not to sell this stock before achieving this target.

Stock Market Analyst Ashwani Gujral has suggested the investors to sell IFCI stock as there are full chances of a downward trend in this stock.

If the stock fell below Rs 80, it may see more weakness. Presently (at 10:45 am), IFCI stock is hovering near Rs 78, down 21%.

So, the investors should sell IFCI with a stop loss of Rs 108 for a target of Rs 67.

There is also news that IFCI has rejected the bid put in by Sterlite-Morgan Stanley as both the parties failed to strike agreements over the price and management control.

Stock market analyst E Mathew has suggested a ‘buy’ for Mangalore Chemcials and Fert. The stock has gained around 5 percent in yesterday’s trading session, and marked its closure at Rs 43.20.

The company has a good business model and it may soon come out with robust results.

The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks. The stock has seen a 52-week high of Rs 55 and low of Rs 11.09.

At current market price of Rs 43, the stock has trading with a P/E of 15.65.